-owned subsidiary of MACO, successfully acquired 70% of COMASS Company Limited (“COMASS”) with a total investment of THB 355mn. With 19 years of experience, COMASS secured a strategic network which mostly
revenue, and higher hotel personnel expenses, which incurred to support the expansion of hotel management business in which the Company has successfully secured the management contracts. The company’s
serve the increasing demand from customers while it was opposite with the plunge of overall steel consumption in Thailand in 2017. Moreover, the Company had successfully restructured its legacy debts
successfully restructured its legacy debts, occurred since global financial crisis in year 2008, for in an amount of USD 91.59 million. The entire debts has been partially converted in form of debt-to-equity
interest was THB 39mn Interim dividend payment of THB 0.012 per share to be paid on 6 September 2019 KEY BUSINESS UPDATE THAILAND MACO has successfully installed 180 Lightboxes and 42 LED Screens of
forward on its Balance Sheet Strengthening Strategy and achieved a major milestone during the quarter by successfully issuing Rights Offering for THB 1,503 Million to its shareholders, which was
liquidity management purpose, the company has successfully negotiated the purchase of asset acquisition, the Company would get more discount for 5 Million Baht. Also, the seller asked to change the condition
increase in operating revenue while corresponding expenses did not increase significantly. Management Discussion & Analysis Q2/2019 1H/2019 Significant Events After You Successfully Opened 6 Branches in 1H
development) OFFICE SEGMENT U City’s successfully acquired a hotel portfolio which incorporates the operating leases of 19 hotels (2 of which arcona Living Mannheim and arcona Living Greifswald are under
), construction expense is 170.35 Million Baht and the medical instruments is 36.65 Million Baht. For the financial liquidity management purpose, the company has successfully negotiated the purchase of asset